Instructions For Form 8828 - Recapture Of Federal Mortgage Subsidy - Department Of Treasury Page 3
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3Worksheet for figuring the holding period percentage if you fully repaid the original federally subsidized loan: (1) before the
date of sale or disposition of your home and (2) within the first 4 years after the closing date of the original loan. (Keep for
your records.) (Do not use this worksheet if lines 6 and 8 of Form 8828 are the same date.)
A.
Closing date of original loan. Enter the date from Form 8828, line 5
A.
Month
Day
Year
B.
Repayment date. Enter the date from Form 8828, line 8
B.
Month
Day
Year
If the repayment date on line B is more than 4 years after the closing date on line A, do not use
this worksheet.
C.
Enter the number of years between the dates on lines A and B. Round up to the nearest whole
year
C.
Years
D.
If the number of years on line C is:
Enter this percentage:
1
20%
2
40%
3
60%
%
4
80%
D.
E.
Sale date. Enter the date from Form 8828, line 6
E.
Month
Day
Year
F.
Enter the number of years between the dates entered on lines B and E. Round up to the nearest
whole year
F.
Years
G.
If the number of years on line F is:
Enter this percentage:
1
100%
2
80%
3
60%
4
40%
5
20%
%
6 or more
0%
G.
H.
Multiply the percentage on line D by the percentage on line G. Round to the nearest whole
percentage. This is your adjusted holding period percentage to enter on line 20 of Form 8828. If
%
this percentage is zero, you will have no recapture, but you still must complete and file Form 8828
H.
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